Golden Crossover - ICEMAKE📊 Script: ICEMAKE
📊 Sector: Capital Goods - Electrical Equipment
📊 Industry: Electric Equipment
Key highlights: 💡⚡
📈 Golden Crossovers are seen into this Script.
📈 Golden Crossover is where slow moving average line crosses fast moving average above.
📈 Although Script is trading at All Time High we may see some bullish rally.
⏱️ C.M.P 📑💰- 909
🟢 Target 🎯🏆 - 981
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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ICEMAKE
ICEMAKE - Ichimoku Breakout📈 Stock Name - ICE Make Refrigeration Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 862.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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ICEMAKE LONG#ICEMAKE is out of consolidation
Good to buy
Buy now --> add at retest zone --> add some at SL zone if it comes( only if Divergence is there in price & momentum & only after reversal confirmation from SL).
Just follow SL and Target.
I'm not sure of fundamentals. Technically good. So frequent check is necessary.
ICEMAKENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Target 1 achieved in Ice Make. Gain of 22% Target 2 is ON.This is follow-up on Ice Make Refrigeration. Can check link to related ideas.
Target 1 achieved. Gain of more than 22%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Have not changed Stop Loss as there is no nearby good support.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout in Ice Make Refrigeration...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#ICEMAKE 81.40 #Target 96(15%+) #stocks #banknifty #itc #HLVLTD#ICEMAKE
NSE: ICEMAKE
CMP 81.40
Target 1: 88
Target 2: 96
SL 74
RR Ratio > 2
Time Frame < 45D
Factors:
Inverted Head and Shoulder Pattern
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia